Repurchased Units Sample Clauses

Repurchased Units. Any Partnership interest or other interest of a Partner in the Partnership that is acquired by the Partnership as provided in this Agreement shall not be deemed canceled and may be re-issued by the Partnership.
AutoNDA by SimpleDocs
Repurchased Units. 27 14. DISSOLUTION 27 14.1 Causes......................................................... 27 14.2 Reconstitution................................................. 27 14.3
Repurchased Units. Any Units issued pursuant to this Agreement which ----------------- are subsequently held by the Company as a result of any repurchase of such Units by the Company or otherwise, shall not be considered outstanding Units for any purpose hereunder, including any Class A Management Units and Class B Management Units allocated to the Pool. Any Management Units repurchased by the Company shall be reallocated to the Pool; provided that any Management Units repurchased -------- by the Company may only be subsequently reissued for a purchase price equal to or greater than the consideration received in connection with such repurchase.
Repurchased Units. Any Partnership interest or other interest of a Partner in the Partnership that is acquired by the Partnership as provided in this Agreement shall not be deemed canceled and may be re-issued by the Partnership. 14. DISSOLUTION 14.1 CAUSES. Each Partner expressly waives any right which it might otherwise have to dissolve the Partnership except as set forth in this Article 14. The Partnership shall be dissolved upon the first to occur of the following: (a) The Bankruptcy, dissolution or withdrawal of the General Partner (other than the substitution of a General Partner pursuant to Section 12.4) or any other occurrence which would legally disqualify the General Partner from acting hereunder; (b) The Approval by the Partners of an instrument dissolving the Partnership; (c) The dissolution of the Partnership by judicial decree; or (d) The determination of the General Partner in its reasonable discretion that a rule, ordinance, regulation, statute or government pronouncement has or may be enacted that would make any material aspect of this Agreement or the activities conducted by the Partnership unlawful or eliminate or substantially reduce, either directly or indirectly, the benefits that would accrue to the Partners (including the General Partner) with respect to continuing the Partnership's business. Nothing contained in this Section 14.1 is intended to grant to any Partner the right to dissolve the Partnership at will (by retirement, resignation, withdrawal or otherwise), or to exonerate any Partner from liability to the Partnership and the remaining Partners if it dissolves the Partnership at will. Any dissolution at will of the Partnership, including dissolution caused under Section 14.1(a), shall be in contravention of this Agreement for purposes of the Act. Dissolution of the Partnership under Section 14.1(c) shall not constitute a dissolution at will. 14.2 RECONSTITUTION. If the Partnership is dissolved as a result of an event described in Section 14.1(a), the Partnership may be reconstituted and its business continued if, within ninety 27 <PAGE> (90) days after the date of dissolution, Limited Partners holding ninety percent (90%) of the outstanding Units held by Limited Partners (including Units held as limited partner by IASIS Affiliates) affirmatively elect to reconstitute the Partnership, agree on the identity of the new general partner or partners, and execute an instrument confirming such facts. If the Partnership is reconstituted, an amendment t...
Repurchased Units. The Company has never repurchased or redeemed any Units.
Repurchased Units. Any Units sold by an Underwriter, except through the Representative, which will be purchased or contracted for by the Representative in the open market or otherwise during the term of this Agreement may be redelivered by the Representative to such Underwriter at a price equal to the Representative's cost, including any commissions paid thereon and transfer taxes on redelivery. Units so redelivered need not be represented by the identical certificates purchased by such Underwriter. In lieu of redelivering such Units, the Representative may sell such Units for the account of such Underwriter publicly or privately, at such price and upon such terms and to such persons, including the Representative or any of the Underwriters, as the Representative may determine, charging the amount of any loss and expense or crediting the amount of any profit, less any expense resulting from such sale, to the account of such Underwriter, or the Representative may charge its account with an amount not in excess of the Dealers' selling concession.
Repurchased Units. No Acquired Company has ever repurchased or redeemed any units of its limited liability company interests.
AutoNDA by SimpleDocs
Repurchased Units. No Blocker Entity has ever repurchased or redeemed any of its securities.
Repurchased Units. 14 ARTICLE IV
Repurchased Units. Part 2.2(f) of the Disclosure Schedule accurately sets forth with respect to any Equity Interests repurchased or redeemed by any Acquired Company since May 23, 2016: (i) the name of the seller of such Equity Interests; (ii) the number, class and series of units repurchased or redeemed; (iii) the date of such repurchase or redemption; and (iv) the price paid by such Acquired Company for such Equity Interests. All Equity Interests repurchased, redeemed, converted or cancelled by any Acquired Company since May 23, 2016 were repurchased, redeemed, converted or cancelled in compliance with (A) all applicable securities laws and other applicable Legal Requirements, and (B) all requirements set forth in all applicable Contracts.
Time is Money Join Law Insider Premium to draft better contracts faster.